Post Tagged with: "Existing Home Sales"
US Housing Still Dragging its Feet – QE3 Still on the Cards
US Existing Home Sales rose by around 5% to an annual pace of 4.61 million, from a revised 4.39 million last month. This is within expectations of 4.65 million. Yet while this is a rise, the pace is still far from the good years. The tendency for another round of Quantitative Easing leans towards the aiding
EUR/USD Jan. 20 – Dropping from High Ground as Greek Talks Continue
Euro dollar tried to reach the 1.30 line but is now retracing the rise and dropping. A third day of talks in Greece yield talk about progress to avert a default in March, yet no deal is done yet. Positive US figures also supported the risk environment, with more coming to close the week. Will the
Forex Daily Outlook January 20 2012
Forex Daily Outlook January 20 2012 We summarize this week Existing Home Sales in the US and Retail Sales in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Existing Home Sales, Monthly indicator to value the sold buildings on the past month, 4.65M
Forex Weekly Outlook January 16-20
The dollar made an impressing comeback at the end of a very eventful week. Will this continue? German ZEW Economic Sentiment, a rate decision in Canada, employment data in Australia and US housing figures are the highlights of this week. Here is an outlook on the main events in the week ahead. Last week, the
Forex Daily Outlook December 21 2011
Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise
Forex Weekly Outlook December 19-23
The US dollar reached levels last seen in January, as the European troubles continued. The week before Christmas will likely see lower volume, but there still quite a few interesting events on the agenda, with US home sales and durable goods orders being the highlights. Here is an outlook for the main market movers awaiting
EUR/USD Nov. 21 – Leans Lower as French Rating Endangered
Euro dollar started the week lower, getting close to the bottom border of the range. In Spain, the center-right PP party won a landslide victory and has a mandate for austerity. This doesn’t cheer the markets. France’s perfect AAA is now endangered, and yields remain high. More significant bond buying action from the ECB is still
Forex Daily Outlook November 21 2011
We start the week with some interesting events like Existing Home Sales in the US and Wholesale Sales in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Existing Home Sales, monthly indicator to value the sold uptown houses over the last month (without new building), reduced
Forex Weekly Outlook November 21-25
The European debt crisis worsened, and a credit crunch is now feared. This resulted in a stronger greenback. US GDP figures, Unemployment claims and German Ifo Business Climate are the major events this week. Here is an outlook on the main market-movers ahead. Apart from Germany,a bond sell off was seen in every European country.
EUR/USD Oct. 20 – Drifts Lower in Channel as Summit Hopes Fade
Euro dollar good moody again after a mini-summit in Frankfurt failed to produce the necessary headlines and hope for a grand plan in the bigger summit on Sunday. Some of the proposes may be a violation of the Maastricht treaty. It’s trending lower within a channel. Protests in Greece continue as the parliament is set to